VARIABLE BENEFIT NEWSLETTER | July 2026 Make the Most of Your SPP Variable Benefit With the summer upon us and the days filled with sunshine, it’s a wonderful time to check in and share some updates. Whether you’re spending more time outdoors or simply enjoying some well-deserved relaxation, we hope this season brings you plenty of bright moments. We’ve gathered a few key reminders and answers to common questions to help you make the most of your pension plan. Can I still contribute to my SPP once I start collecting the variable benefit? While new contributions aren't permitted once you start collecting the Variable Benefit (VB), you can transfer savings from existing unlocked RRSPs, RRIFs, RPPs and DPSPs into your account. These direct plan-to-plan transfers have no tax implications. Why transfer funds into your SPP? Strong historical returns SPP has a reliable track record, with the Balanced Fund returning 9.43% and the Diversified Income Fund earning 2.97% in 2025.* Low MER We target a Management Expense Ratio (MER) of less than 1%, keeping more of your money working for you. Simplicity Consolidating funds in your VB account can make your retirement savings easier to manage. As part of the transfer process, you will be asked to choose how your funds are allocated, either in the Balanced Fund, the Diversified Income Fund, or a combination of both.  Please note: While SPP doesn’t charge a fee for transferring your funds into your account, your current financial institution may charge a fee to move funds out.  *Past returns do not guarantee future results. How to transfer-in funds to SPP Transferring funds is easy. If you're transferring from an unlocked RRSP or RRIF, just follow these few simples steps: To keep it simple, we're happy to guide you through the process. Give us a call at 1.800.667.7153. Download or request a copy of the transfer-in form via phone or email. Complete Area 1 - Annuitant section of the transfer-in form (no other sections are required to be filled out by you). Return the completed form to our office. Feel free to use our postage paid return address label. If you're transferring from an RPP or DPSP, call us at 1-800-667-7153. We'll confirm if you can transfer the funds and help you get the process started. Get to Know SPP Alycia Bitz, Pension Benefits Officer Alycia joined SPP as a Member Service Representative in January 2019, and has since guided members as a Retirement Officer before stepping into her current role as Pension Benefits Officer – the full pension plan journey! She especially enjoys connecting directly with members and supporting their individual retirement plans. She takes pride in providing accurate, timely information and finds it rewarding to help members feel confident and informed as they make important pension decisions.  When she’s not helping people make the most of their retirement, Alycia can be found spending time with friends and family, or unwinding with a cup of coffee and a good book. Variable Benefit Reminders & Tips Keep growing your retirement income You can continue transferring your savings from other eligible registered plans into your variable benefit account. Convert to an annuity If you decide you want steady, predictable income, you can convert your account to an annuity at any time. Enjoy flexible investments You may choose to invest in the Balanced Fund, the Diversified Income Fund, or a mix of both to align with your goals. You can also change your investment allocation at any time, giving you the flexibility to adjust your investment strategy as your needs evolve.* Keep your info current Make sure your address, phone number, beneficiaries, and any personal or spousal information are up to date. You can update your details by contacting our office through phone or email, or by completing and submitting the forms found here. Access your payments Payments are made by the 20th of each month. Changes to your payment schedule must be submitted by the 10th of the prior month. Get more details Check out our Variable Benefit Guide for more information. *You have two fund transfers at no cost per calendar year; a $50 fee applies to additional transfers in the same year. Follow Us Contact Us 1 (800) 667 7153 info@saskpension.com